Over the last few years, in the political spectrum, sporting world and just about every aspect of life, we’ve come to appreciate being wrong. Let’s face it; who would have called all of the crazy events we’ve seen in the last few years taking place?
From media stars becoming political powerhouses to minnows winning championships, the last few years have taught us that conventional wisdom has rarely been more incorrect. For example, in the last few years you’ve likely seen people chiselling gravestones to lay to rest social media giant, Twitter. 2017 was full of people bouncing with joy that Twitter was on a perpetual slide. It became a site that people were very happy to jump on top of, yet rumours of its demise have been greatly exaggerated.
Those denouncing it as just the home of political bots and outspoken rants about football have quickly come to realise that, in 2018, we might be seeing a glorious revival of Twitter. Not only is Twitter beginning to become much more open to investment from those who want to utilize its unique reach, but the platform is attracting just the right sort of people: advertisers.
Now, Twitter users, prepare for the bad news. You won’t just be seeing retweets from your favourite and least favourite people in the media, you’ll be seeing a lot more advertising. Because of the model of Twitter in the first place, it’s never really been as ad-friendly as other social media platforms. Money talks, of course, so that has seen Twitter take a bit of a kicking in the last few years as advertisers coined it in elsewhere.
2018, though, looks to be the year that this comes to an end. The outlook is quickly becoming far more positive for Twitter, with most investors as positive about Twitter as they have been in some time.
People hate monopolies and duopolies, and it appears like Twitter might be about to benefit from that hatred of anti-competition. So, we expect to see Twitter continue to grow as people look for investments outside of the ‘Big Two’ and try to diversify a marketplace that was all about diversity.
While we aren’t quite ready to say that Twitter is a massive investment opportunity that you must make the most of, it’s a fairly massive improvement from the bleak prognosis of this time last year. As more people begin to make the most of its numerous positive points, we’re much more likely to see the site continue to improve and grow for the right reasons.
Not sure where to start when looking at social media investment? Click here to book a meeting and discuss your digital marketing needs.